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The federal government has begun implementing the Green Tax Surcharge on selected imported vehiclesImported vehicles with larger engine capacities will attract a 2% or 4% Green Tax, depending on engine sizeElectric vehicles, mass transit buses and locally manufactured vehicles are exempt from the new environmental levy
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Federal Government is implementing a new environmental tax called the Green Tax Surcharge on certain imported vehicles through the Nigeria Customs Service (NCS) as part of its strategy to mitigate carbon emissions and promote sustainable transportation.
The tax, which went into effect on Wednesday, July 1, 2026, is one of several measures in the 2026 Fiscal Policy Measures designed to achieve environmental sustainability goals while promoting environmentally friendly vehicles.
Customs rolls out Green Tax as new environmental levy takes effect Photo: NCSSource:
